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Condensed Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues including excise taxes $ 20,444 $ 20,380 $ 56,516 $ 58,072
Excise taxes on products 12,998 12,738 35,266 35,980
Net revenues 7,446 7,642 21,250 22,092
Cost of sales 2,416 2,605 6,997 7,735
Gross profit 5,030 5,037 14,253 14,357
Marketing, administration and research costs (Notes 8, 18 & 19) 1,769 2,234 5,435 6,282
Amortization of intangibles 18 15 55 50
Operating income 3,243 2,788 8,763 8,025
Interest expense, net 163 132 454 434
Pension and other employee benefit costs (Note 3) 23 20 68 61
Earnings before income taxes 3,057 2,636 8,241 7,530
Provision for income taxes 640 635 1,764 1,670
Equity investments and securities (income)/loss, net (20) (45) 4 (86)
Net earnings 2,437 2,046 6,473 5,946
Net earnings attributable to noncontrolling interests 130 150 393 377
Net earnings attributable to PMI $ 2,307 $ 1,896 $ 6,080 $ 5,569
Per share data:        
Basic earnings per share (in dollars per share) $ 1.48 $ 1.22 $ 3.90 $ 3.57
Diluted earnings per share (in dollars per share) $ 1.48 $ 1.22 $ 3.90 $ 3.57